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Recently Renovated Duplex
For Sale
$184,900

5217 Lakeview St, Detroit, MI 48213

Extensively renovated duplex updated inside and out, with nearby access to Chandler Park and the Villages at Parkside redevelopment.

Property Size1,680 SF
Days on Market51

Property Features for 5217 Lakeview St

General Information

Standard status Active
Size 1,680 SF
Property subtype Investment

Additional Details

Business Included Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,027

Building Details

Building Size 1,680 SF
Year Built 1928
Units 2
Listing Agency: eXp Realty
Listed By: Danny Peterson · License #6501264210
Source: Elliman
Added: Jul 9 Changed: Aug 25 Last Checked: Aug 26 at 10:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

This recently renovated duplex has been extensively updated both inside and out, positioned as a turnkey, low-maintenance residential income property. Updates are described as comprehensive, supporting ready-to-rent use without additional major renovation work.

The property is located in Detroit, MI, just steps from Chandler Park, a 200-acre park that includes the 14 Million Chandler Park Fieldhouse. It is also near the redevelopment of the 52-acre Villages at Parkside community, where Detroit Housing is partnered on a neighborhood revitalization effort.

BikeScore is 67 (bikeable), walkScore is 60 (somewhat walkable), and transitScore is 42 (some transit), providing a workable range of non-driving options for tenants and visitors.

Key Highlights

  • 1928‑built duplex extensively renovated and updated both inside and out
  • Near Chandler Park (200 acres), including the 14 Million Chandler Park Fieldhouse
  • Close to the 52‑acre Villages at Parkside redevelopment

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby

Demographics for 48213, MI

19,088
Population
11,365
Households
1.7
Avg Household Size
39
Median Age
7%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
2,937
Density / Sq Mi
$33,755
Median Household Income
$24,765
Median Earnings
$837
Median Rent
$52,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Extensively renovated duplex updated inside and out, with nearby access to Chandler Park and the Villages at Parkside redevelopment.
Where is this duplex located?
The property is located at 5217 Lakeview St Detroit, MI.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: 1928‑built duplex extensively renovated and updated both inside and out; Near Chandler Park (200 acres), including the 14 Million Chandler Park Fieldhouse; Close to the 52‑acre Villages at Parkside redevelopment
More about this property
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